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NBBL launched UPMS

Published on January 05, 2022
Current Context: The NPCI Bharat BillPay Ltd. (NBBL) has launched the ‘Unified Presentment Management System’ (UPMS).
NBBL launched UPMS
  • The NBBL is the wholly-owned subsidiary of the National Payments Corporation of India (NPCI).
  • The UPMS aims to boost, enrich and simplify bill payment procedures in India.
  • Through UPMS, NBBL will be able to set up standing instructions for its customers. This will happen from any channel and for any mode on their recurring bill payments.
  • The bills will be automatically fetched from the biller's end and will be delivered to the customer's end to perform the action. It will be in terms of auto-debit and bill payment management.
  • The unique functionality of UPMS will be made available to the customers through centralized infrastructure support which is provided by Bharat Bill Pay Central Units (BBPCU).
  • The service providers and fintech dealing in the digital payments ecosystem can avail UPMS facility in the sandbox environment of Bharat Bill Payments System (BBPS).
  • Static Part: 
    • HQ of NBBL: Mumbai

Question: 

Q.1 Which organization launched the ‘Unified Presentment Management System’ (UPMS)?
a. NPCI International Payments Limited (NIPL)
b. Airtel Payments Bank
c. NPCI Bharat BillPay Limited (NBBL)
d. Paytm
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